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Wish to Stay Healthy? Avoid Raw Milk
Saturday, March 27, 2010 - 6:42pm | 104The Food and Drug Administration warns people yet again to avoid drinking raw milk at all costs. Many people think consuming raw milk is much healthier than that purchased within your local grocery store; however, the FDA is extending renewed warnings about such practices. Drinking raw milk can...
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Piper Jaffray Reiterates Salix Pharmaceuticals (SLXP) Overweight Rating
Thursday, March 25, 2010 - 10:15am | 175Piper Jaffray analysts David Amsellem and Michael Dinerman reiterated their Overweight rating and $58 price target for shares of Salix Pharmaceuticals, Ltd. (Nasdaq: SLXP). The statement came after the Food and Drug Administration (FDA) approved Salix Pharmaceuticals' 550 mg dose of Xifaxan (...
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Medtronic (MDT) Gets FDA Approval For Epilepsy Treatment
Friday, March 12, 2010 - 7:45pm | 73The Associated Press reported on Friday that a panel at the Food and Drug Administration approved a brain stimulator made by Medtronic Inc. (NYSE: MDT) for the treatment of epilepsy. The panel voted 7 to 5 in favor of the approval and said that Medtronic must conduct follow-up studies of the brain...
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Thomas Weisel Partners More Than Double InterMune (ITMN) Price Target To $55
Wednesday, March 10, 2010 - 9:15am | 202Thomas Weisel Partners analyst Stephen Willey maintained his Overweight rating for shares of InterMune, Inc. (Nasdaq: ITMN) and raised the price target from $26 to $55. The day before, a panel at the Food and Drug Administration recommended InterMune's pirfenidone for the treatment of idiopathic...
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InterMune (ITMN) Shares Jump 63% After FDA Announcement
Tuesday, March 9, 2010 - 6:56pm | 84Shares of InterMune, Inc. (Nasdaq: ITMN) surged more than 60% after a panel at the Food and Drug Administration recommended the company's Esbriet for treatment of idiopathic pulmonary fibrosis. IPF is a rare and deadly lung disease with no existing FDA approved treatments, which affects nearly 200,...
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Basic Food Flavors Inc. Continues to Make Products Despite Salmonella Contamination
Tuesday, March 9, 2010 - 6:02pm | 117The Food and Drug Administration announced that the Las Vegas based company Basic Food Flavors, Inc. continued making and selling its products despite knowledge of a salmonella contamination within the processing facility. The company creates an additive that produces a meat flavoring and is found...
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FDA Approves Pfizer (NYSE: PFE) Prevnar 13 Bacteria Vaccine
Wednesday, February 24, 2010 - 1:48pm | 101The U.S. Food and Drug Administration approved the Pfizer Inc. (NYSE: PFE) vaccine Prevnar 13 as a follow up vaccine of Prevnar. The vaccines protect children from the age of 6 weeks to 5 years old from bacteria that can cause serious illnesses, such as as meningitis, acute ear infections,...